DURHAM, N.C., Jan. 20, 2016 /PRNewswire/ — Tom Werthan, a veteran semiconductor and finance executive experienced in leading financial operations at public and privately-held technology companies, has been appointed Chief Financial Officer at Phononic.
Werthan comes to Phononic from Solid State Equipment, a leading semiconductor capital equipmentcompany, where as CFO he was a key participant in the successful sale of the company to Veeco Instruments in 2014. Previously, Werthan held the CFO position at Sunlogics and Emcore, where he was a key participant in the company’s Initial Public Offering in 1997. Werthan has also held finance and accounting leadership positions at Audio Visual Labs, and has public accounting experience at Ernst & Young.
“We’re excited to welcome Tom to the Phononic family,” said Tony Atti, CEO and founder of Phononic. “Tom’s proven track record in M&A and the debt and equity capital markets will provide the necessary leadership to build a financially sustainable global enterprise.”
“Having seen the impact of semiconductor technology in the growth of solar energy as a major source of electric power, an even greater disruptive opportunity exists in semiconductor cooling and heating,” said Tom Werthan. “I’m excited to join the team.”
Werthan is a member of the American Institute of Certified Public Accountants, New Jersey Society of Certified Public Accountants, and a member of the Finance Committee of the Board of Trustees, Solomon Schechter Day School of Greater Monmouth County. He holds a bachelor’s degree in Accounting from Boston University.
Phononic is revolutionizing cooling and heating with solid state thermal management solutions. Headquartered in the heart of North Carolina’s Research Triangle Park, the company provides solid state semiconductor technology that can be applied to everything from refrigeration to fiber optics, removing the barriers of traditional approaches and ushering in a new era of cooling and heating. The result is a solution to this age-old challenge that is distributed, convenient, sustainable and connected.